Steve's Blog

I'm working on a situation currently which made me think of one of the benefits that customers have working with mortgage broker rather than a direct lender/bank. My customers signed the purchase contract, put down 5% (which is the max they can put down), sent me their income docs, and I ordered ...

Recently I've had a few customers who had poor credit scores (in the 500s) and were having difficulty obtaining financing from other lenders. Many mortgage brokers or loan officers (usually new to the business with little or no training) make the assumption that these borrowers are automatically ...